The BRICS as false competition to Western banking Interests.

All 5 BRICS nations central Banks are members BIS (Bank for International Settlements)

B – Brazil Central Bank of Brazil
R – Russia Central Bank of the Russian Federation
I – India Reserve Bank of India
C – China People’s Bank of China
S – South Africa South African Reserve Bank

So what about BIS?

Ruling The World of Money
http://www.edwardjayepstein.com/archived/moneyclub.htm

a supranational organization for setting and implementing global monetary strategy, which could not be accomplished by a democratic, United Nations-like international agency. The central bankers, not about to let their club be taken from them, quietly snuffed out the American resolution.

Despite its irksome visibility, the new headquarters does have the advantages of luxurious space and Swiss efficiency. The building is completely air-conditioned and self-contained, with its own nuclear-bomb shelter in the sub-basement, a triply redundant fire-extinguishing system (so outside firemen never have to be called in), a private hospital, and some twenty miles of subterranean archives. “We try to provide a complete clubhouse for central bankers … a home away from home,” said Gunther Schleiminger, the supercompetent general manager, as he arranged a rare tour of the headquarters for me

Carroll Quigley
http://www.newswithviews.com/Wood/patrick4.htm

“The Power of financial capitalism had another far reaching plan, nothing less than to create a world system of financial control in private hands able to dominate the political system of each country and the economy of the world as a whole. This system was to be controlled in a feudalistic fashion by the central banks of the world acting in concert, by secret agreements arrived at in frequent meetings and conferences. The apex of the system was to be the Bank for International Settlements in Basle, Switzerland, a private bank owned and controlled by the world’s central banks, which were themselves private corporations.”

So the fact that Russia is still a member of BIS belies its status as pariah state and enemy of the west:

http://anonhq.com/checkmate-central-bank-russia/

Firstly, no other central bank in the world is not permitted to support its own national economy. The Russian Central Bank is the only one in existence with laws governing it that do not support, or even abide by the requirements of the Russian economy

Changing the ownership from Private to State ownership could indicate Putin’s need to raise money for other projects, not approved of by the West. This would show the West that the Rothschild stronghold (over the bank and therefore Russia) would no longer be tolerated.

Yevgeny Fyodorov, a senior member of President Vladimir Putin’s party and chairman of the Russian parliament’s economic policy committee, accused the central bank of sabotage, telling local media that it was “an institutional enemy of the country.”
The bank is now being investigated by state prosecutors as a result. The bank’s “crime” is failing to prevent the ruble from plunging – despite spending tens of billions of foreign currency reserves trying to prop it up.

So, until Russia, China, India, Brazil and South Africa cede from BIS and nationalize their respective central banks, they are still orchestrated by the anglo-saxon/khazarian alliance.

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